(FIIG) Exchange-Traded Fund IV - Overview
Etf: Investment Grade Corporate Bond ETF
Dividends
| Dividend Yield | 5.22% |
| Yield on Cost 5y | 6.18% |
| Yield CAGR 5y | 74.16% |
| Payout Consistency | 100.0% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 3.62% |
| Relative Tail Risk | -2.12% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.82 |
| Alpha | 3.11 |
| Character TTM | |
|---|---|
| Beta | 0.064 |
| Beta Downside | 0.021 |
| Drawdowns 3y | |
|---|---|
| Max DD | 5.50% |
| CAGR/Max DD | 1.34 |
Description: FIIG Exchange-Traded Fund IV December 27, 2025
First Trust Exchange-Traded Fund IV (NYSE ARCA: FIIG) is a U.S.-based corporate bond ETF that commits at least 80% of its net assets to investment-grade corporate debt (ratings of Baa3/BBB- or higher) or to unrated securities the manager judges to be of comparable quality. The fund is classified as “non-diversified,” meaning it may hold a relatively concentrated portfolio of issuers.
As of the most recent filing, FIIG reports a weighted-average coupon of roughly 4.2% and a portfolio duration near 5.5 years, positioning it to benefit from a flattening yield curve while remaining sensitive to changes in the Federal Reserve policy rate. The expense ratio stands at 0.35%, modest for an actively managed bond fund.
Key drivers of performance include the health of the U.S. corporate credit market, the pace of interest-rate hikes, and the spread between investment-grade corporate yields and Treasuries. Recent data show investment-grade spreads have narrowed to about 80 basis points over 10-year Treasuries, reflecting improving credit conditions but also heightening sensitivity to any policy-rate reversal.
For a deeper, data-driven look at FIIG’s credit-risk profile and sector exposure, consider exploring ValueRay’s interactive analytics platform.
What is the price of FIIG shares?
Over the past week, the price has changed by +0.28%, over one month by +0.29%, over three months by +1.29% and over the past year by +8.28%.
Is FIIG a buy, sell or hold?
What are the forecasts/targets for the FIIG price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 24 | 13.4% |
FIIG Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 644.1m USD (644.1m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 644.1m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 644.1m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.15% (E(644.1m)/V(644.1m) * Re(6.15%) + (debt-free company))
Discount Rate = 6.15% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)